Gazprom Armenia may revise gas price if AMD rate drop continuesDecember 17, 2014 - 15:14 AMT PanARMENIAN.Net - Further depreciation of the Armenian dram against the U.S. dollar may prompt Gazprom Armenia to apply to the Public Services Regulatory Commission (PSRC) for a revision of the gas price following a monitoring, Tert.am said quoting the company’s spokesperson. “In view of current situation, Gazprom Armenia will be conducting daily monitoring. If the upward trend continues in the months to come, bringing losses to the company, the latter will apply to the Regulatory Commission for a price revision,” Shushan Sardaryan said. Earlier, Sardaryan reported the gas price to have remained unchanged at the border - $189 per 1,000 cubic meters. Current price was calculated at an exchange rate of $1/AMD 416.5. Meanwhile, PSRC said to have received no applications for revision of utility tariffs, according to the Commission spokesperson Mariam Stepanyan. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children Moscow slams EU mission in Armenia for “provocative activity” The EU mission is doing more and more against Armenia’s neighbors Russia, Azerbaijan and Iran, Mikhail Galuzin said. Yerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19. |